VRDN
Joanne Marlowe
Joanne Marlowe-Noren
CVRDN
commercial lending CORPORATE OVERVIEW
CVRDN LICENSEE SERVICES
Lawyers Title Insurance DOCUMENTATION
DEUTSCHE BANK SELECTED AS TRUSTEE FOR CVRDN ISSUANCE
LAKE FOREST, IL, (August 21, 2008) – Deutsche Bank Corporate Trust will be providing corporate trust services in a scheduled issuance of a Collateralized Variable Rate Demand Note (CVRDN).

The issuer of the Note (an undisclosed firm with offices in Athens and Chicago) is the first company to use the CVRDN as a maritime financing alternative.  As designed and licensed for use by United Financial Technologies (UFT), a structured product and financial engineering firm (www.unitedft.com), the CVRDN is a debt-based financial instrument that benefits from short-term interest rate pricing over a long-term financing period such that both capital efficiency and access is enhanced for note issuers that are credit-worthy, mid-tier and above companies.

As corporate trustee, Deutsche Bank makes an excellent addition to the specialized and high quality pool of Preferred Vendors and financial service providers available for engagement by qualified UFT clients, according to Joanne Marlowe, UFT’s Chief Executive Officer. “Deutsche Bank possesses an outstanding wealth of knowledge arising from a strong history of operations in the conventional variable rate demand note (VRDN) market, as well as an exceptionally high degree of sophistication in the delivery of its services.  We welcome their expert team of professionals to the quality blend of institutions that are available to our Licensees,” Marlowe said.

“The trustee is the conduit that holds any note issuance together throughout its life, and the involvement of a quality, substantial institution like Deutsche Bank -- with one of the best corporate trust divisions in the country -- brings with it great confidence that the job will be done consistently and correctly,” she said.

The CVRDN instrument appeals to companies with capital-intensive business models that consistently utilize debt financing.  The CVRDN is an interest-only instrument that increases cash flow and allows large volumes of debt capital to be raised in anticipation of scheduled commercial allocations.

For more information, visit www.unitedft.com.
United Financial Technologies is a privately held company.

###

FOR MORE INFORMATION, CONTACT:

Media Relations
mediarelations@unitedft.com

847-604-8055


Notice: The information contained in this announcement is only accurate as of the date of its publication and release, and may contain certain forward-looking statements based upon anticipated events that may or may not come to pass. The company makes no representation or warranty as to the correctness or accuracy of the information contained herein, and is under no obligation to update this information at any time after the date of release.

AlphaMetrix BECOME A LICENSED CVRDN USER
MVRDN
Joanne Marlowe
HOME   •   TERMS & CONDITIONS   •   CONFIDENTIALITY & NON-DISCLOSURE   •   PRIVACY POLICY   •   CONTACT US
© 2017 UNITED FT, INC.
CVRDN
U.S. Bank
U.S. Bank